New Business Formation
Helping You Build the Foundation for a Successful Business
The decision to start a new business is an exciting one, but as every experienced business owner knows, there’s more to it than developing a product and hoping it sells. At Donald E. Bates & Co., P.C., we will help you with choosing a business entity, sales and payroll tax, or accounting systems that help you manage cash flow.
What We Do for You:
- Determine which business entity best meets your goals and minimizes tax liability
- Draft partnership agreements
- Prepare a cash flow budget
- Create a business plan to help you secure financing (if needed)
- Set up an accounting system using software that works for you
- Create billing systems and implement policies and procedures for collections
- Ensure compliance with state, local, and federal tax laws such as sales and use tax, payroll tax, and Federal EIN (Employer Identification Number)
- Prepare annual tax returns and quarterly estimated taxes as needed
- Assist in filing paperwork for state and local licenses and permits as required
- Assess your business insurance needs
Planning for Success - and Profit
The key to a successful - and profitable - business is meticulous planning and a methodical approach to running your business.
If you're ready to start your new business, simply give us a call and our support staff will assist you.